There are alleged individuals and firms purporting to be investment advisors, fund managers and pyramid schemes with intend to defraud investors Kampala, Uganda | JULIUS BUSINGE | Investor education and protection, sustainable financing and product diversification in the equity market are among the key issues that emerged during the events …
Read More »Collective investment scheme assets grow 13.7% to Shs1.3trillion
The growth is attributed to increased awareness about the benefits of investing through CIS vehicles among local investors | THE INDEPENDENT | The level of savings and investment in Uganda’s capital market has grown significantly, notwithstanding the reduction of disposable incomes as a result of the prevailing inflationary pressures, the …
Read More »Collective investment scheme assets cross Shs1tn
This is good news but finance minister Matia Kasaija wants more Ugandans to save | THE INDEPENDENT | There is good news from the Capital Markets Authority (CMA) of a big milestone amounting to slightly over Shs1.1trillion attained as Assets Under Management by licensed Collective Investment Scheme (CIS) managers, representing …
Read More »Behind MTN share offer
Assessing the opportunity and the risk Kampala, Uganda | ISAAC KHISA | Commenting on the move by Uganda’s largest telecom company, MTN, to list on the country’s stock exchange, Stephen Kaboyo, the managing director at Alpha Capital Partners, sees opportunity. “In my own prediction, MTN stock will be a good …
Read More »Is Uganda’s economy failing?
Why Ugandan pundits are mistaken in their understanding of why some foreign firms have quit our market THE LAST WORD | ANDREW M. MWENDA | A couple of multinational firms have pulled out of Uganda in the last one decade. Oil giant Shell sold itself to Vivo, Barclays Bank …
Read More »Sanlam unveils Income Fund
The product could be a solution for pension funds seeking to diversify their holdings Kampala, Uganda | ISAAC KHISA | Sanlam Investment East Africa has unveiled Sanlam Income Fund in a bid to raise more capital for various investments but also provide favourable returns to investors. This new product places …
Read More »BATU marks 20 years on stock market
British American Tobacco Uganda, perhaps the country’s popular cigarette company on Sept.10, celebrated its 20th anniversary of its trading on the Uganda Securities Exchange. Kampala, Uganda | JULIUS BUSINGE | But the company has been in operation in the country for more than 90 years. Its share price has since …
Read More »Lessons from youth elections
Why the opposition in Uganda needs to take organisation and unity seriously if they are to have a chance THE LAST WORD | ANDREW M. MWENDA | The nationwide youths elections this week should give the opposition in Uganda, especially the National Unity Platform (NUP), time to pose and reflect. …
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